El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin ahead of the Sept. 7 rollout of a new law set to make the …
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El Salvador president lays out plans ahead of Bitcoin (BTC) law implementation
The President of El Salvador Nayib Bukele has revealed the structure for the upcoming implementation of the Bitcoin Law on September 7th, with the Chivo wallet app also available for …
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After El Salvador warning, IMF says accepting BTC as national currency is “a step too far”
The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability. In their official blog post, …
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El Salvador may launch its own stablecoin in 2021
El Salvador’s government intends to establish a native cryptocurrency that the public will be able to use to pay for services, according to San Salvador-based media outlet El Faro on …
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Survey to indicate that most Salvadorans have Bitcoin doubts
A survey conducted by pollster Disruptiva found that 54% of Salvadorans did not approve of the government’s plan for Bitcoin adoption. El Salvador’s new Bitcoin legislation may be less popular …
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Salvadorans won’t be forced to use the government’s Bitcoin (BTC) wallet
The latest announcement from El Salvador’s pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet. In a tweet on June …
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El Salvador will buy an estimated $135,000,000 worth of Bitcoin (BTC)
El Salvador is preparing to hand out $135 million worth of bitcoins to its citizens. Last Thursday, El Salvadorian President Naib Bukele announced that El Salvador’s adult citizens would receive …
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Athena confirmed plans to bring 1500 Bitcoin ATMs to El Salvador
U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines …
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El Salvador to reveal official Bitcoin digital wallet ‘Chivo’
El Salvador has announced that it will release an official digital wallet for BTC and other currencies, according to a local media report published on June 24. The effort follows the approval …
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Millions of people in El Salvador could soon receive free Bitcoin
According to a report by Reuters, El Salvador President Nayib Bukele announced during a national address on Thursday (June 24) that the bill to make Bitcoin legal tender will become effective on September 7. …
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